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Oxetol is a prescription drug used to treat partial seizures in epilepsy. It works by blocking sodium channels in the brain and has a metabolite called MHD. Learn about its dosage, side effects, interactions and availability. Q. Does Oxetol 300 Tablet cause hair loss? Yes, Oxetol 300 Tablet causes hair loss as a common side effect. However, it does not affect everyone. If there is substantial hair loss, consult your doctor. Oxetol 300 MG Tablet is an anti-epileptic medicine that contains oxcarbazepine. It is used to treat certain types of seizures by reducing abnormal brain activity. Learn about its dosage, side effects, interactions, warnings, and more. Oxetol 300 Tablet is used to treat epilepsy, control seizures, and manage bipolar disorder and trigeminal neuralgia in multiple sclerosis patients . It contains oxcarbazepine, which works by reducing abnormal electrical activity in the brain.